Long Term Capital Gains

• 

  Lok Sabha Passes Bill To Amend Long Term Tax Provision On Properties

  The Lok Sabha on Wednesday passed the Finance Bill 2024 after the government relaxed the just-introduced new capital gains tax on real estate.

• 

  Explained: How New Long Term Capital Gains Tax Options Will Boost Real Estate Market

  The government's decision to allow taxpayers to pick between two long-term property transactions has brought cheers to the real estate industry, with experts saying that this move will have a very profound impact on both homeowners and homebuyers.

• 

  Nirmala Sitharaman Proposes Amendments To LTCG Tax On Immovable Properties

  Nirmala Sitharaman today said the contentious LTCG tax proposal on real estate is being amended to give option to taxpayers to compute tax liability under the old system or at reduced rates without indexation, and pay the lower of the two.

• 

  Relief For Homeowners As Centre Modifies Long Term Capital Gains Tax

  The government on Tuesday proposed a relief to taxpayers with respect to capital gain tax on real estate properties by giving them the option to choose between 20 per cent and 12.5 per cent tax rates.

• 

  Tax Body Clarifies Acquisition Cost Of Real Estate Bought Before 2001 For LTCG

  The cost of acquisition of real estate properties purchased before 2001 will be the fair market value (FMV, not exceeding the stamp duty value) as of April 1, 2001, or the actual cost of the land or building for the purpose of calculation of LTCG.

• 

  Scenarios Where New Long-Term Capital Gains Tax Structure Is Beneficial

  One of the benefits of simplification of any tax structure is that it removes differential rates for various classes of assets, Finance Ministry sources said, responding to feedback from the public on the changes in LTCG tax.

• 

  US President Joe Biden Calls Proposal to Reduce Crypto Tax ‘Unacceptable’ Amid Debt Pressure: Report

  US President Joe Biden has outrightly denied even mulling over the proposal for the US to reconsider the tax it has levied on crypto activities. The US levies 10 percent to 37 percent tax on short-term capital gains and crypto income whereas long term capital gains are taxed between zero percent to 20 percent.

• 

  GAIL To Consider Share Buyback On March 31

  The share buyback, or share repurchase is a process where a company buys back its own shares from investors or stakeholders

• 

  Bitcoin Sinks Below $50,000 as Cryptocurrencies Stumble Over Biden Tax Plans

  Bitcoin and other cryptocurrencies suffered hefty losses on concern that US President Joe Biden's plan to raise capital gains taxes will curb investment in digital assets.

• 

  Capital Gains: Here's All You Need To Know

  Capital gains are classified into long-term capital gains and short-term capital gains, depending on whether the assets were held for the long term or within a shorter span.

• 

  Budget 2020: BJP Recommends Tax Tweaks To Attract Foreign Investors

  Bharatiya Janata Party has recommended adjusting rules on taxing equity market returns in the upcoming budget on February 1.

• 

  Uniform Duration For Long Term Capital Gains On Equity, Property, Gold Likely In Budget: Report

  Budget 2020: Currently the duration of LTCG tax for equity is at one year, two years for property and three years for gold.

• 

  Budget Booster Likely For Capital Gains On Property, Equity: Report

  If property is sold within 24 months, one has to pay a short term capital gains tax (STCG) on the gains as per an individual's income-tax slab.

• 

  Budget 2020: Long-Term Capital Gains Tax Break On Cards? Here Is What Analysts Say

  Long-Term Capital Gains Tax: This tax is applicable on profits arising from sale of applicable assets held for more than one year from the date of purchase.

• 

  Government Scraps Higher Surcharge On Foreign Investors As Announced In Budget

  Finance Ministry also decided to withdraw enhanced surcharge on short and long term capital gains arising from transfer of equity shares.